【#Gate蓝龙虾重磅上线 Signal】Long! 1H pullback confirmation, short squeeze under main force support

The 1H timeframe has experienced a significant rally and is now consolidating strongly above a key support level. A single large bullish candle on the 4H chart has established the trend. Although the 1H RSI is in the overbought zone, the open interest remains stable and the funding rate is negative, indicating a typical short squeeze structure with immense short covering pressure. The current price has moved far away from the 1-hour moving average, making chasing high very risky. Entry should wait for a pullback.
🎯 Direction: Long (pullback pending order)
⚡ Entry/Order: 0.007857 - 0.008059
🛑 Stop Loss: 0.006800
🚀 Target 1: 0.013097
🚀 Target 2: 0.015616
🛡️ Trading Management:
- Execution Strategy: After the order is filled, if the price smoothly hits the first target, reduce the position by 50% and immediately move the stop loss to the entry price. For the remaining position, aim for the second target. If the price pulls back and breaks below the adjusted stop loss, exit all positions to lock in profits.
$PIXEL Depth Logic: The coin price surged 87% in a single day, but open interest remained stable, indicating that this is not just a bullish rally but also a result of continuous short covering. The sideways movement after a massive rise, combined with a buying depth advantage, shows strong momentum. A pullback to the optimized entry zone on the 1-hour chart offers an excellent risk-reward ratio, with a clear stop loss below. $PIXEL
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